The Fantastic Company AG
The Fantastic Company AG: TFC expands its Business in France through Acquisitions
The Fantastic Company AG / Key word(s): Mergers & Acquisitions/Investment 20.11.2013 23:57 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- The Fantastic Company AG ('TFC') announces that it acquired 100% of the shares in the French company Société de Gestion de Marques SAS. The acquired company markets and sells fashion accessories similar to our TFC-subsidiary SICARA Fashion Accessories SAS. It expects for this calendar year net sales of approximately EUR 8 million with a slightly positive result. In addition, TFC acquired on the same day all shares of the minority shareholders (21%) in our French subsidiary SICARA Fashion Accessories SAS with the effect that the Company now holds 100% of the shares. Oliver Krautscheid, President: 'The acquisition strengthens significantly our current fashion accessories business in France. We expect to realize synergy effects from this acquisition.' The Board of Directors Contact: Oliver Krautscheid oliver.krautscheid@fantastic.com 20.11.2013 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: The Fantastic Company AG Obmoos 4 6301 Zug Switzerland Phone: 0041443502280 Fax: 0041443502282 E-mail: info@fantastic.com Internet: www.fantastic.com ISIN: CH0108753523 WKN: A0YJEW Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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